Save Retirement Earnings YTD Instructions
Use the Save Retirement Earnings YTD routine in conjunction with the Set Annual Salary routine as a labor-saving device to roll the year-to-date MSRS retirement gross compensation amount for each employee into the MSR Annual Salary field. This program saves the gross compensation amount at the calendar year end. Then you can run the Set Annual Salary routine on the following April 1st to set the Annual Salary amount to match the saved gross compensation amount. Although you can manually maintain the Annual Salary, this method quickly updates the fields for every employee.
For additional information, click More.
Tips:
This program is only applicable to facilities that participate in the MSRS.
Running this program is optional. You can manually maintain the MSR Annual Salary during Employee Master Maintenance at the Employee Retirement Fields Area.
For information about the timing of year end procedures, refer to the Year End Runbook.
For information about the MSRS, see the Understanding the Maine State Retirement System (MSRS) topic.
IMPORTANT If your facility participates in the MSRS, you must
run this routine before running
a Calendar Clear of the Employee Totals for the Month/Quarter/Year End. |
Directions:
To see directions for...
Opening the Save Retirement Earnings YTD routine, click More.
Click Utilities from the Menu Bar.
Click Year End.
Click
Save Retirement Earnings YTD.
Or, use the keyboard
shortcut: [ALT]
[t] [y] [r].
Save Retirement Earnings YTD Window Example:
Choosing the selections at the prompt window, click More.
Save Retirement Earnings YTD Prompt Options Tip: To see more information about a field, click the hyperlink for the field name. | |
Printer |
Displays the default printer number. For more information, see Printing Options. Note: This field is for future use. No report prints at this time. |
To run the routine, click Proceed, or press [ENTER]. Keyboard shortcut: [ALT + p] | |
To escape from the routine:
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